News & Events

WESTFORD, Mass., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates (“Key Knife”) for approximately $156 million in cash, subject to certain customary adjustments.

WESTFORD, Mass., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on February 1, 2024 to stockholders of record as of the close of business on January 4, 2024.

Raises Revenue and Earnings Guidance WESTFORD, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights    Revenue increased 9% to $244 million Operating cash flow increased 89%

WESTFORD, Mass., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 third quarter results after the market closes on Tuesday, October 31, 2023 and will hold a webcast the next day, Wednesday, November 1, 2023 at 11:00 a.m. eastern time.

WESTFORD, Mass., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on November 9, 2023 to stockholders of record as of the close of business on October 12, 2023.

Reports Record Revenue and Raises Earnings Guidance WESTFORD, Mass., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 1, 2023. Second Quarter Financial Highlights    Revenue increased 11% to a record $245 million Bookings

WESTFORD, Mass., July 27, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 second quarter results after the market closes on Tuesday, August 1, 2023 and will hold a webcast the next day, Wednesday, August 2, 2023 at 11:00 a.m. eastern time.

WESTFORD, Mass., May 18, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $50 million of its equity securities effective May 18, 2023 through May 18, 2024. Repurchases may be made in public or private transactions,

WESTFORD, Mass., May 18, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on August 10, 2023 to stockholders of record as of the close of business on July 13, 2023.

Reports Record Bookings and Raises Earnings Guidance WESTFORD, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended April 1, 2023. First Quarter Financial Highlights    Bookings increased 3% to a record $275 million Operating